Zimbabwe

190 posts · Page 5 of 19

Khayah Cement boosts capacity to 1Mta

Khayah Cement boosts capacity to 1Mta

Zimbabwe-based Khayah Cement (previously Lafarge Cement Zimbabwe) has announced that it doubled its milling capacity in 2022. The second half of the year saw the company success...

PPC in talks to sell Zimbabwe business

PPC in talks to sell Zimbabwe business

PPC Ltd is reportedly in talks to sell its Zimbabwe business. According to Bloomberg, discussions are at an early stage and no potential buyers have been named as yet. PPC is be...

Lafarge Cement Zimbabwe appoints new Acting CEO

Lafarge Cement Zimbabwe appoints new Acting CEO

Lafarge Cement Zimbabwe Ltd has appointed Innocent Zulu Chikwata as Acting Chief Executive, effective from 1 December 2022. Mr Chikwata has 16 years experience in the fast-movin...

PPC posts 23% drop in EBITDA

PPC posts 23% drop in EBITDA

PPC Ltd , which is currently finalising its results for the six months ended 30 September 2022, has posted a 23 per cent YoY drop in EBITDA to ZAR728m (US$42.1m) in the six mont...

PPC Group revenues rise 9%

PPC Group revenues rise 9%

PPC's group revenues, excluding Zimbabwe, for the five months ended August 2022, increased by nine per cent, driven by robust demand in Rwanda but impacted by hyperinflation acc...